The Centers for Medicare & Medicaid Services (CMS) is looking to save money and promote quality of care. CMS’s new proposal launch, authorized through the Affordable Care Act (ACA), advocates for a revision of various payment policies and amendments to a stream of previously implemented requirements for those home health agencies falling under the Medicare umbrella.
There may not be a more fundamental shift in the way Home Care Agencies are reimbursed than the changes coming with Value Based Purchasing. Be in the know! Attend our half day seminar at Kimball Jenkins Estate, 266 North Main St., in Concord, NH on Friday, Sept 23 from 8:30 until 12:30 pm
The Home Care Value-Based Purchasing (VBP) Program regulates specific financial amounts agencies are paid by CMS via the Inpatient Prospective Payment System (IPPS). Such payments are administered according to degrees of care quality, says CMS.
“CMS aims to make sure that care in the home is supported by a value-based care delivery model,” says Andy Slavitt, Acting CMS Administrator. “The goal is that no matter where the care is delivered, it is supported by a payment system that rewards providers who deliver the highest quality outcomes.”
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